Transcript Moving Ahead

World Food India 2017
3-5 Nov 2017 |Vigyan Bhawan, New Delhi
Meeting with Ambassadors and High
Commissioners
27th February 2017 | New Delhi
World Food India 2017
Mega International Event
bringing Global & Indian Leaders across the food value chain on one
platform.
Showcasing investment opportunities
in India’s food processing sector.
India immersion
to familiarize global industry with India’s policy environment.
Establishing India as a valued partner
in the global food ecosystem.
Linking the Indian agri-economy
to global value chains
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Advantage India
3
India emerges as top FDI destination
India’s rank in Global FDI inflows
10
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3rd largest economy in terms of Purchasing
Power Parity
31
36
2000
FDI inflows of USD 40 billion in 2015-16
Up by 12 Ranks in World Banks Ease of Doing
Business report
2005
2010
2015
Source: World Investment Report 2016 by the United Nations Conference for Trade and
Development (UNCTAD)
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One of the fastest growing economies in the world
2017
2018
GDP Growth Projections
Global
3.6
India
Global
7.7
3.4
2016
India
Global
7.2
2015
Middle class expected to grow by 50%
approx. in next 5 years.
3.1
India
Global
1.3 billion population ~ 30% of which is
middle class having growing disposable
income
6.6
3.2
India
7.6
Expenditure level of food expected to
double in next 6 years (from US $ 386
billion to US $772 billion )
Source: IMF’s World Economic Outlook Update, July 2016
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There’s never been a better time to MAKE IN INDIA
Supportive government: creating conducive environment
Ease of Doing Business
New Infrastructure
Open Economy
MAKE IN INDIA
Regulatory Reforms
Fiscal Reforms
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India Food Sector
Advantage
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India offers the largest diversified production base
Milk Production
Fruits &
Vegetables
•1st in milk
production
•2nd largest
global producer
•155.5 MT
production in
2015-16
•254 MT
production
•Expected to grow
by 13-15% CAGR
in the coming
years
•Offers huge
opportunity for
technology,
automation,
integration etc
•Processing
levels currently ~
2%
Cereals & Grains
• 2nd in rice,
wheat & prod.
of other cereals
• Largest exporter
of cereal product
• Offers huge
opportunity for
milling tech.
up-gradation,
automation,
integration,
fortification etc
Marine
•2nd in fish
production
•Processing
levels of marine
products at
~23%
• offers huge
opportunity cold
chain, export,
packaging
innovations,
product
differentiation
etc.
Egg & Meat
•3rd in egg and
5th in meat
production
•Trends shifting
towards
processed,
cleaned and
frozen meat &
poultry products
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Proactive Policy support
FDI
• 100% FDI through automatic route in food processing.
• 100% FDI in food retail for food products manufactured / produced in India
Credit
• Food processing units can avail preferential rates under Priority Sector Lending
• Special fund of INR 2,000 crore (US $ 300 million) with NABARD for designated
food parks and processing units
Regulatory Reforms
• Food Safety Standards harmonized with international standards
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Proactive Policy support
Fiscal Reforms
• GST implementation to harmonize the tax regime-seamless operations across states
Infrastructure support
Mega Food Parks
• 42 Mega food parks with an investment of US $ 750 million
• Fully developed plots available for setting up units incl. plug & Play
Cold Chain
• 135 Integrated Cold Chain projects with an investment of US $
500 Million
Proactive State Investment Policies
• Attractive investment policies across states
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Fiscal Incentives
100 % Income Tax Deductions
• on capital expenditure for cold chain / warehouse.
• on profit for new food processing, preservation and packaging units
Service Tax exemptions
• on pre-conditioning, pre-cooling, ripening, waxing, retail packing, labeling of fruits & vegetables.
• construction, erection, commissioning or installation of post-harvest storage infrastructure/cold
storages
Excise duty reduced from
• 10% to 6% on machinery for food processing
• 12.5 % to 6% on Refrigerated Containers
Basic Custom Duty reduced on Refrigerated Containers from 10% to
5%
Concessional Customs Duty on imported equipment
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Sub sector opportunity
Processing & Value addition
• New product development – Fortified products, health food,
traditional Indian food, convenience food
• New Packaging technology for enhanced shelf life, retaining taste and
texture, easy to handle and space efficient
Infrastructure development
• Mega Food Parks/Agro processing clusters
• Cold Chain facilities for frozen F&VP & ready to eat items
• Modern pack houses for fruits and vegetables
Logistics
• Investments in cold storage, reefers, warehouse, equipment
&machinery
Sub sector opportunity
Technology & equipment
• New technology in processing, storage, logisitics , packaging etc
• Energy efficient technologies
• Food testing labs
Packaging material & machinery
• Supply of machinery for processing and other operations in the food chain
• Supply of safe and high quality packaging material as well as technology
R&D and skill development
• Product innovation based on local food habits
• Skilling the work force in handling processing operations efficiently
Food Retail – the next big opportunity
Growth story
• Retail sector estimated at USD 600 billion
• Estimated to be growing at CAGR of 7.5% - USD 1.3 trillion by 2020
• Food retail estimated to constitute 60% share
Opportunity
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•
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Largely unorganized - around 92-95%
Share of organized sector is expected to increase to 24% by 2020
15 million mom and pop stores in the country
Online market is expected to reach 530 million shoppers by 2025
E-commerce sales are expected to treble, reaching 120 billion by 2020
Policy support – 100% FDI in food retail for foods manufactured/produced in
India
World Food India
Mega International Event
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WORLD FOOD India 2017
An opportunity to showcase, connect & Collaborate
SHOWCASE
• Vast resource base
• Growing food processing sector
• Progressive policies & processes
CONNECT
• Global & domestic industry leaders
• Administrators/ policy makers
• Trade / Industry / Knowledge bodies/Farmer Organizations
COLLABORATE
• To facilitate public & private engagement to the next level.
• To ensure grounding of investment intentions
• To strengthen Linkage between Industry & Farmers
An opportunity for everyone
Growing Market
•Population of 1.32 billion. Increasing disposable income.
•Preference of youth for processed, branded and ready to eat food
Sourcing opportunity
•Raw material (f&v, milk, meat etc) available in abundance
•Geographically strategic location and proximity to food importing
nations
Make in India
•Improved infrastructure availability in terms of mega food parks, cold
chain network etc
•Slew of incentives to ease setting up of new business
JV & Collaboration
•Opportunity for collaboration with Indian food companies
•Retail footprint in the country already expanding
Changing face of
retail
•Many neighborhood shops adopting department store / retail format
•Retail chains growing in India. Booming e-retail segment
Technology &
Equipments
•New & emerging technology in F&V processing, cold storage, refers,
IQF, pack houses, packaging
•Food testing labs
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Key elements
Conferences
B2B & B2G Meetings
Country sessions
Awards/Manthan
Manch (Hackathon)
State sessions
Food Street
Parallel tracks
Exhibition
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Parallel Tracks
1
2
Sub sectoral
opportunities in dairy,
Fruits & vegetables,
meat, fish, poultry etc
Promoting traditional
food , medicinal herbs,
wellness foods–
Opportunity for exports
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4
3
Showcasing Progressive
Farmers & Farmer
Producers Organizations
for potential direct
sourcing
Opportunity for
technology and
equipments – what
India needs?
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6
Showcasing the Indian states – states to
pitch in for uniqueness in production,
incentives, infrastructure and facilitation
Organic productspotential that India has
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9
Skill Development
Ayurveda- The great
Indian opportunity :
capturing the new
healthy food market
Emerging regulatory
updates- harmonization
with international
standards
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India Immersion
Programs – that will
help India entry
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Schedule
• Sectoral
seminars
• Country
Sessions
• State Sessions
• B2B, B2G &
G2G Meetings
(5th Nov,2017)
• Inauguration
by Hon’ble
Prime Minister
of India
• Sectoral
seminars
• B2B, G2B &
G2G Meetings
(4th Nov,2017)
(3rd Nov, 2017)
Seminars and Business Sessions
• B2B, B2G &
G2G Meetings
• Manthan
Manch
• Closing
Ceremony
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Food Street
Desserts of India
International Food
Foods of India
Wellness foods
International Food with
an Indian Twist/Fusion
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Additional Softer Elements
Gourmet food
Sessions with well known chefs from India
(ingredients/ how to cook delicious Indian
foods simply/ ingredients)
Yoga & Food : The India
connection of Food with wellness
Delhi Food walk
Wine & Cheese
tasting sessions
DEMOS – Cooking/
Yoga
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Participant Profile
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International companies that propose to setup base in India
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National & International retailers in food & grocery segment including in e- retail
3
Companies with investment / presence in India & plans for expansion
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Companies that are supplying globally and have integration with the global value chain
5
Manufactures with an export focus
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Companies that have invested in R & D in India
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Sourcing and supply chain teams
8
Progressive farmers & FPOs
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Participant Profile
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Technology & equipment suppliers
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Regulatory institutions eg FSSAI & international food regulators
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Hotels & restaurants
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Agri banks & financial institutions, PE firms
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Global trade associations
14
Diplomats
15
Government - Central & State
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Institutes
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Opportunity for
partnership
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Proposed opportunity
Understand the policy environment around food processing sector
Identify specific opportunities during the B2G & G2G meetings
Exposure to a shelf of specific projects for investment in processing and
retail
Exposure to strengths of India in pre-identified food processing subsectors
Exposure to FPOs’ / Progressive Farmers – potential suppliers
Exposure to opportunities in food retail in India
Exhibit in the country pavilion
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Invitation to Partner
• 500 sq. mtr. exhibition space
• Country Seminar / Conference to
highlight opportunities offered
• Invitation to government body &
officials
• Inclusion of country food processing
sector profile in delegate kits
• Complimentary delegate registrations
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INDIA BECKONS
Make in India
Invest in India’s food sector
Government of India,
Ministry of Food Processing Industries
Tel: +91-11-26492216/ 26490933/ 26406501
Email: [email protected]
Website: www.mofpi.nic.in
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Thank you
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